Facts & Figures

Statement of unaudited Financial Results for the quarter ended 31st Dec. 2007

Insilco Results

Mio - Rs.

Particulars	Quarter Ended		Nine Months Ended		Year Ended
Particulars	31.12.2007 Unaudited^*	31.12.2006 Unaudited	31.12.2007 Unaudited	31.12.2006 Unaudited	31.03.2007 Audited
1. Sales (Net of Excise)	174.5	178.5	505.1	543.9	690.2
2. Other Income	6.4	3.7	48.7	18.0	35.6
Total Income	180.9	182.2	553.8	561.9	725.8
3. Expenditure
a) (Increase)/Decrease in stock in trade & work in progress	(11.0)	(12.7)	25.7	(21.0)	(46.3)
b) Consumption of raw materials	70.5	53.2	157.0	148.9	202.8
c) Purchase of traded goods	-	-	-	-	-
d) Employee Cost	21.0	19.4	58.2	54.4	73.6
e) Depreciation	11.2	16.2	38.9	47.0	62.1
f) Power & Fuel	75.9	67.4	192.3	218.2	277.0
g) Other Expenditure	34.3	35.8	89.3	118.0	147.3
Total Expenditure	201.9	179.3	561.4	565.5	716.5

4. Interest Cost / (income)-Net	0.0	1.0	(0.3)	0.5	0.6
5. Exceptional items - Expenses/ (Income)	(33.6)	-	(33.6)	-	-
6. Profit /(loss) from ordinary activities before Tax	12.6	1.9	26.3	(4.1)	8.7
7. Tax expense - Current - Prior Year - Deferred - Fringe benefit tax	0.0 - (0.8) 0.2	0.4 - (1.0) 0.2	0.0 - (4.9) 0.7	0.6 - (0.7) 0.8	3.0 11.0 (5.3) 0.9
8. Profit/(Loss) from ordinary activities after tax	13.2	2.3	30.4	(4.8)	(0.9)
9. Extra ordinary items (Net of tax expenses)	-	-	-	-	-

10. Net Profit/ (Loss) for the period	13.2	2.3	30.4	(4.8)	(0.9)
11. Paid up Equity Share Capital	627.2	627.2	627.2	627.2	627.2
12. Reserve excluding Revaluation Reserves					259.1
13. Earning Per Share (EPS) (a) Basic & Diluted EPS before Extra ordinary items for the period, for the year to date & for previous year (not to be annuualized) (b) Basic & Diluted EPS after Extra ordinary items for the period, for the year to date & for previous year (not to be annualized)	0.21 0.21	0.04 0.04	0.48 0.48	(0.10) (0.10)	(0.01) (0.01)
14. Public Shareholding
a) Number of Shares- (Mio)	16.9	16.9	16.9	16.9	16.9
b) Percentage of Shareholding (%)	26.9	26.9	26.9	26.9	26.9

Notes^*

11 1	As the Company’s business activity falls within a single primary business segment, viz. “Manufacturing of Precipitated Silica’, the disclosure requirements of Accounting Standard – 17 “Segment Reporting”, issued by the Institute of Chartered Accountants of India are not applicable.
21 2	Previous year/ period's figures have been regrouped/ rearranged to confirm to current quarter classification.
31 3	The Holders of 12,00,000 Zero Interest Secured Redeemable Non Convertible Debentures in their Meeting held on 26th October 2007 and Shareholders in their Annual General Meeting approved premature redemption of the debentures at a price of Rs. 122/- each as against the redeemable value of Rs. 150. The above mentioned debentures were redeemed on 30 November 2007 and the resultant reduction in the liability of the Company of Rs. 33.6 million has been disclosed for accounting purposes as an exceptional item.
44 4	The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on January 31, 2008. The Auditors of the Company have carried out a limited review of the above financial results.
5 5	Share Transfer Agent - M/s. MCS Limited, Sri Venkatesh Bhawan, W-40, Okhla Industrial Area, Phase-II, New Delhi-110020.
6 6	There were no investor complaints pending at the beginning of the quarter. During the quarter, a total of 11 complaints were received and the same were disposed of.